Form 4: C. H. Robinson Director Jodee A. Kozlak Reports Acquisition of Phantom Stock Units

Director Jodee A. Kozlak reports acquiring 1,940 phantom stock units in C. H. Robinson Worldwide, Inc.

Summary

• On May 8, 2025, Jodee A. Kozlak, a director of C. H. Robinson Worldwide, Inc., acquired 1,940 phantom stock units.
• These restricted stock units were granted as the annual equity-based award for non-employee directors.
• The full annual grant is now made on the date of the annual shareholders meeting, instead of quarterly installments.
• The restricted stock units are immediately vested and will be paid in shares of common stock following the director's termination of service, according to a previously chosen schedule.
• Following the transaction, Kozlak beneficially owns 28,014 shares.

Sentiment

Score: 7

Explanation: The document reflects a routine equity grant to a director, indicating standard corporate governance practices. It's a neutral event with a slightly positive sentiment due to alignment of interests.

Positives

• The grant of restricted stock units aligns the director's interests with those of the shareholders.
• Immediate vesting of the restricted stock units provides an incentive for continued service.

Future Outlook

The restricted stock units will be paid out in shares of common stock following the director's termination of service, according to a previously chosen schedule.

Industry Context

This filing is a routine disclosure of equity compensation to a company director, which is a common practice in publicly traded companies to align the interests of directors with shareholders.

Comparison to Industry Standards

• Equity compensation for non-employee directors is a standard practice across publicly traded companies.
• The amount and vesting schedule of the restricted stock units are likely determined based on industry benchmarks and the company's compensation policies.
• Companies like JB Hunt, XPO Logistics, and Knight-Swift Transportation also provide equity compensation to their directors.

Stakeholder Impact

• The equity grant aligns the director's interests with those of the shareholders, potentially leading to better decision-making.
• The grant has a minimal impact on employees, customers, suppliers, and creditors.

Key Dates

Keywords

Form 4, Director, Jodee A. Kozlak, C. H. Robinson, Phantom Stock Units, Restricted Stock Units, Equity Compensation, Beneficial Ownership